The higher the marginal income tax rate, the | Faculties

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Gopal Sharma

🎓 Tutor III ⭐ 38.32K Points

📊 Managerial Economics

Q. The higher the marginal income tax rate, the

(A) Higher the MPC out of disposable income
(B) Lower the MPC out of disposable income
(C) Highest the autonomous expenditure multiplier
(D) lower the autonomous expenditure multiplier

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✅ Correct Answer: (D) lower the autonomous expenditure multiplier

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